The swing area come to between 1.24227 and 1.24490 The USDCAD has traded to a new week low of 1.24215. That took out a earlier low for the day at 1.24255, and also the low from July 14 at 1.24227. The price traded at the lowest level since July 6.
Atlanta Fed GDPNow Q2 estimate 7.9% vs 7.8% prior
The Atlanta Fed GDP tracker This was at 8.6% in July 1 but fell after the latest jobs report. This week it rebounds slightly. " After this week's releases from the Institute for Supply Management and the U.S. Census Bureau, the nowcast of second-quarter real gross private domestic investment growth increased from 4.7 percent to 5.1 percent,"